This document appears to be an excerpt from the book 'The 4-Hour Workweek' (likely by Tim Ferriss, though not explicitly named on this page), included in a House Oversight document production. It discusses the philosophy of the 'New Rich' and 'Lifestyle Design,' contrasting traditional retirement plans with immediate lifestyle freedom. The text recounts a 2002 invitation from Professor Ed Zschau to speak at Princeton University, leading to the development of lectures titled 'Drug Dealing for Fun and Profit.'
| Name | Role | Context |
|---|---|---|
| The Author | Narrator / Entrepreneur |
Describes transitioning from an overworked employee to the 'New Rich'. (Text corresponds to Tim Ferriss, author of 'T...
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| Ed Zschau | Professor / Mentor |
Former professor of High-tech Entrepreneurship at Princeton University who invited the author to speak.
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| Name | Type | Context |
|---|---|---|
| Princeton University |
Academic institution where Ed Zschau taught and the author was invited to speak.
|
|
| House Oversight Committee |
Implied by the Bates stamp 'HOUSE_OVERSIGHT_013806' at the bottom.
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| Location | Context |
|---|---|
|
Location of the class where the author spoke.
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"Gold is getting old. The New Rich (NR) are those who abandon the deferred-life plan and create luxury lifestyles in the present using the currency of the New Rich: time and mobility."Source
"$1,000,000 in the bank isn't the fantasy. The fantasy is the lifestyle of complete freedom it supposedly allows."Source
"How on earth did I go from 14-hour days and $40,000 per year to 4-hour weeks and $40,000-plus per month?"Source
"The lectures I ultimately developed, titled 'Drug Dealing for Fun and Profit,' began with a simple"Source
Complete text extracted from the document (4,030 characters)
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